Industry Could Achieve Pre-Covid Business Levels By 2021

India is better placed than many economies in the world. Many countries will fall into recession including the EU. Since no one knows how long and how deep impact the Covid-19 will have globally it is difficult to guess but certainly some part of the world is heading for long recession or even a depression.  If the Indian government can handle the economic challenge well through large fiscal stimulus probably we can avoid going into recession, but the economy is likely to be under big stress for much longer period.

In this article, Mr G V Aras, Director, A.T.E. Enterprises, explains how the Indian economy can handle this challenge if certain steps are taken now.